eBook
The Procurement Act 2023
The Importance of Social Value for Winning Tenders
eBook
The Importance of Social Value for Winning Tenders
The UK’s public procurement landscape is evolving! Changes to the Procurement Act 2023 and the new Social Value Model (PPN002) mean that Social Value is now more important than ever when it comes to winning public sector tenders.
Social value refers to the positive impact businesses create for people, communities, and the environment. It includes both internal and external contributions, meaning businesses create value within their own workforce and operations and also in the wider community and environment. Changes to the act mean that tenders are no longer awarded solely on price but can consider factors like social value and sustainability. Learn about:
📑 What is Social Value and why does matters to your business
📝 The Role of Social Value in Public Sector Tendering and Winning Work
📑 Key Changes to The Procurement Act 2023 and Social Value Model (PPN002)
🏅 Updates to Award Criteria and how your business can respond
✅ Understanding “Most Advantageous Tender” and what it means for your business
🚚 The Growing Role of Suppliers in Social Value
🌳 Delivering Internal and External Social Value
📊 The Importance of Effective Social Value Reporting